“五个持续”凸显海南离岛免税购物风景线

Core Insights - The duty-free policy in Hainan is a key element in the construction of the Hainan Free Trade Port and the International Tourism Consumption Center, significantly contributing to the province's economic growth [1][2] Market Growth - The duty-free sales in Hainan have shown a remarkable annual growth rate of nearly 30% from 2018 to 2024, with sales doubling almost every year from 2019 to 2021 [1] - The proportion of domestic consumers purchasing duty-free goods in Hainan has increased from approximately 5% in 2018 to over 20% in 2024 [1] - Hainan's share of the national duty-free market has grown from one-quarter to nearly 70%, while its share of the global duty-free market has increased from 2% to 8.6% [1] Economic Impact - By 2024, over 54 million visitors are expected to enter duty-free shops in Hainan, indicating that one in every two tourists will visit these stores [1] - Duty-free sales account for about one-fifth of the total retail sales of consumer goods in Hainan, and the import value of duty-free goods represents approximately one-seventh of the province's total imports [1] - The industry has directly created over 13,000 jobs in Hainan [1] Consumer Attraction - Hainan has become a popular destination for consumers, with over 900 international brands available and a diverse range of products [2] - More than 50 promotional events have been held this year, with consumer vouchers exceeding 300 million yuan [2] Market Dynamics - Seven operators are currently involved in Hainan's duty-free market, fostering healthy competition that enhances product variety, pricing, service, and consumer experience [2] - The rapid development of the duty-free sector is driving the growth and upgrading of related industries, such as warehousing and logistics, contributing to the modernization of Hainan's commercial circulation system [2] Future Outlook - Hainan aims to continue enhancing its services to ensure that tourists have a satisfying shopping experience [2]